Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Primus dials up Mipps deal Add to ...

Primus Telecommunications Canada Inc. today plans to announce its acquisition of Mipps Inc., which sells high-speed wireless Internet services in Toronto and the city's suburbs.

''It's not a huge deal but it provides some interesting opportunities, another way to reach customers besides telephone and cable,'' said Ted Chislett, Primus Canada president.

Mipps, founded in 1997, operates a fixed-wireless network, delivering loads of data at high speeds over a direct line of sight from a hub to a customer. Primus Canada has been offering wireless Internet on a small scale but wanted to expand so it bought Mipps, the price of which was not disclosed.

Fixed-wireless, still a niche business, is getting more attention. In late November, Toronto-based phone company Allstream Inc., Montreal-based wireless company Microcell Telecommunications Inc. and a private investment firm announced a $135-million deal to develop fixed-wireless next year.

Primus Canada, based in Toronto, has made several small acquisitions this year. It is owned by Primus Telecommunications Group Inc. of McLean, Va.

Report Typo/Error

Next story




Most popular videos »

More from The Globe and Mail

Most popular